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Lot 651 |
1839 50C No Drapery MS64 NGC....
2008 May Long Beach, CA Signature Auction #1108
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Bid Information
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It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of Bidders
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Reserve Met:
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.
| Sold for: |
$92,000.00
(includes BP  ) Bid Source: Internet |
| Auction Ended On: | May 28, 2008 |
| Item Activity: |
16 Internet/mail/phone bidders
5,816 page views |
Description:
Rare 1839 No Drapery Seated Half, MS64
1839 50C No Drapery MS64 NGC. WB-101. The 1839 No Drapery half is popular both with type collectors and Seated coinage enthusiasts, owing to its status as a first year of issue among Seated Liberty halves and a one-year subtype in the series. Looking at the entire span of Seated Liberty coinage, the 1839 No Drapery and With Drapery halves are also interesting as the only Seated Liberty denomination to make its premiere in 1839. The Seated silver half dimes and dimes appeared in 1837, joined by the Seated quarters in 1838, the half dollars in 1839, and the silver Seated dollars in 1840.The 1839 No Drapery half dollar is considerably rarer and more valuable than the 1839 With Drapery half, an elusiveness that is clearly reflected in the certified populations. In MS64, the grade of the present example, NGC has certified four No Drapery pieces in this grade, with two finer, while the 1839 With Drapery pieces show 12 coins in MS64, with three finer. At PCGS there are eight No Drapery halves in MS64, with two finer, while there are 15 With Drapery halves in MS64, and two finer (4/08).
Besides the obvious presence/absence of the drapery, there are various other differences between the No Drapery and With Drapery halves of 1839. The No Drapery shows Liberty's rock much closer to star 1 than the With Drapery, and there is more rock showing under Liberty's foot than on the With Drapery. The stars are more deeply sunk into the die on the With Drapery and therefore appear larger.
Both sides of this near-Gem example, certified in an old-style NGC holder, show satiny luster, with silver centers complementing tinges of amber-gold near the rims. A small patch of reeding marks through the first T in STATES, and scattered contact underneath, likely account for the grade. Much appeal remains, however, and this piece reflects both rarity and desirability in equal measure.
Ex: Chalkley (Superior, 1/1990), lot 3565.
From The Silbermünzen Collection.(Registry values: N7079) (#6230)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 208, Lot 7058 | Friday, August 13, 1999 | 64 | NGC | $28,175.00 |
| Auction 1154, Lot 5147 | Sunday, May 1, 2011 | 64 | PCGS | $115,000.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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PLEASE NOTE:
All prices realized reflect the final hammer price PLUS the buyer's premium
in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 63 | $35,000 | $28,750 | $23,000 | $21,000 | $21,250 | $25,000 | $35,000 |
| 64 | $100,000 | $73,130 | $58,500 | $52,500 | $54,500 | $95,000 | $110,000 |
| 65 | $135,000 | $175,000 | $140,000 | $127,500 | $130,000 | $200,000 | --- |
| *All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information. | |||||||
Population Guide
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 1,900,000 | |||||
| NGC | 64 | 3 | 3 | 141 | - | ||
| CAC | 64 | 2 | 0 | 13 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
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We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.
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